ASOS plc (ASC) Rating Reiterated by Deutsche Bank AG

Deutsche Bank AG restated their hold rating on shares of ASOS plc (LON:ASC) in a research report released on Friday morning. They currently have a GBX 6,000 ($77.49) target price on the stock.

Several other equities analysts have also weighed in on the company. Credit Suisse Group reissued an underperform rating and issued a GBX 5,300 ($68.45) target price on shares of ASOS plc in a research note on Friday, September 1st. Numis Securities Ltd reissued a buy rating and issued a GBX 7,250 ($93.63) target price on shares of ASOS plc in a research note on Wednesday, August 9th. Shore Capital reissued a buy rating on shares of ASOS plc in a research note on Tuesday, August 8th. Liberum Capital reissued a buy rating and issued a GBX 6,400 ($82.66) target price on shares of ASOS plc in a research note on Tuesday, August 8th. Finally, Barclays PLC reissued an overweight rating and issued a GBX 6,670 ($86.14) target price on shares of ASOS plc in a research note on Tuesday, August 1st. One investment analyst has rated the stock with a sell rating, five have assigned a hold rating and thirteen have given a buy rating to the company’s stock. ASOS plc presently has a consensus rating of Buy and an average target price of GBX 6,192.35 ($79.97).

Shares of ASOS plc (ASC) opened at 5718.00 on Friday. The firm’s 50-day moving average price is GBX 5,830.36 and its 200 day moving average price is GBX 5,859.30. The firm’s market cap is GBX 4.75 billion. ASOS plc has a 12-month low of GBX 4,069.00 and a 12-month high of GBX 6,497.00.

COPYRIGHT VIOLATION WARNING: “ASOS plc (ASC) Rating Reiterated by Deutsche Bank AG” was first posted by Markets Daily and is owned by of Markets Daily. If you are reading this news story on another website, it was illegally copied and reposted in violation of international copyright & trademark laws. The original version of this news story can be read at https://www.themarketsdaily.com/2017/09/12/asos-plc-asc-rating-reiterated-by-deutsche-bank-ag.html.

About ASOS plc

Asos PLC is a global fashion destination for a range of things. The Company sells and offers a range of fashion-related content on ASOS.com. The Company’s segments include UK, US, EU and RoW. It sells over 85,000 branded and own-label products through localized mobile and Web experiences, delivering from its fulfilment centers in the United Kingdom, the United States, Europe and across the world.

Analyst Recommendations for ASOS plc (LON:ASC)

Receive News & Ratings for ASOS plc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for ASOS plc and related companies with MarketBeat.com's FREE daily email newsletter.

Latest News

Leave a Reply